JOINT PURCHASES THE CHARTIST – DAY TRADE (LONG & SHORT) STRATEGIES PACKAGE

THE CHARTIST – DAY TRADE (LONG & SHORT) STRATEGIES PACKAGE

Day Trade (Long & Short) Strategy Package attempts to sell upward trending stocks that are witnessing brief periods of excessive strength. Once this strength has been determined, the strategy adds an additional stretch in order to the entry criteria to grow the probability of prices reversing lower. A Market On Close exit allows a quick turnover of trades to decline overnight exposure. The strategy provides reasonably consistent and robust results. All parameters are adjustable to improve risk adjusted performance or trade frequency.

What is the aim?

SHORT STRATEGY: This technique aims to short sell stocks that are strongly moving and have recently experienced extreme strength. 20 years of testing on 31,500 symbols in the US market reveals steady profitability. Here you can see how the Short Strategy performed.

LONG STRATEGY

The target of this long day trade strategy is to purchase equities that are aggressively trending and are going through brief periods of downturn. Over a 20-year testing period, 3,500 symbols on the US market have consistently produced profits. Here you can see how the Long Strategy performed.
The user doesn’t have to sit and watch live pricing during the day, which is a key advantage of these tactics. All orders are placed before the session, it operates on End of Day data, and the API (separately sold) automatically closes positions on the close.
Users of the technique can create buy and sell signals, produce charts, do back tests, and modify a wide range of parameter settings without having any programming knowledge. Price, volume, turnover, market regime, and two position are further filters.